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Our Area Housing Market: August 2020

The latest market data is out and 

we'll break it all down for you!

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Sales

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July 2020 is a Seller's market*

Home For Sale in July 2020: 5122 units.

Down 8% compared to last month

Down 25.3% compared to last year

Home Closed in July 2020: 2453 units.

Up 17.6% compared to last month

Up 20.7% compared to last year

Home Placed under Contract in July 2020: 2703 units.

Up 4.7% compared to last month

Up 43.1% compared to last year

Price

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July 2020 Average Sold Price per Square Footage is Appreciating*

Average Sold Price per Square Footage in July 2020: $216

Up 4.3% compared to last month

Up 13.7% compared to last year

Days on Market

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July 2020 Average Days on Market trend is Rising*

Average Days on Market in July 2020: 80

Up 1.3% compared to last month

Up 5.3% compared to last year

July 2020 Sold/Original List Price Ratio Remains Steady*

Sold/Original List Price % in July 2020: 94%

Up 2.2% compared to last month

Up 2.2% compared to last year

Months of Inventory

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July 2020 is a Seller's market*

Months of Inventory based on Closed Sales in July 2020: 2.1

Down 22.5% compared to last month

Down 38.6% compared to last year

All reports are published August 2020, based on data available at the end of July 2020, except for the today’s stats. All reports presented are based on data supplied by the My Florida Regional MLS DBA Stellar MLS. The My Florida Regional MLS DBA Stellar MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the My Florida Regional MLS DBA Stellar MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.